Shopping Neighborhood
Fox River Plaza
1052-1200 Milwaukee Ave, Burlington, WI 53105
Listing Price: $7,675,000
Investment Overview
Marcus & Millichap is pleased to present Fox River Plaza in Burlington, WI. This center has enjoyed high historical occupancy thanks to its long-term anchors and its position in Burlington’s primary retail corridor. The Seller recently installed new roofs over the entire center and several new HVAC units.
Investment Highlights
- 169,520 Square Foot Multitenant Retail Center with Strong Anchors, Runnings (49 Percent GLA) and Dunham's Sports (32 Percent GLA), Driving Consistent Traffic
- 97.05 Percent Occupancy with Long Tenured Tenants Averaging More Than 11 Years of Occupancy and a Weighted Average Lease Term Remaining of 3.31 Years
- Newer Roofs Across the Entire Center (2022–2025) Plus Multiple New HVAC Units, Significantly Reducing Near Term Capital Expenditures.
- Prime Burlington Retail Corridor with Over 16,984+ Vehicles per Day, Shadow Anchored by Kohl's and Pick 'n Save (Kroger), and Surrounded by National Retailers.
- Offered Well Below Replacement Cost at $45 per Square Foot with Replaceable Rents
Exclusively Listed By
Financing By
Listing Price: $7,675,000
Investment Highlights
- 169,520 Square Foot Multitenant Retail Center with Strong Anchors, Runnings (49 Percent GLA) and Dunham's Sports (32 Percent GLA), Driving Consistent Traffic
- 97.05 Percent Occupancy with Long Tenured Tenants Averaging More Than 11 Years of Occupancy and a Weighted Average Lease Term Remaining of 3.31 Years
- Newer Roofs Across the Entire Center (2022–2025) Plus Multiple New HVAC Units, Significantly Reducing Near Term Capital Expenditures.
- Prime Burlington Retail Corridor with Over 16,984+ Vehicles per Day, Shadow Anchored by Kohl's and Pick 'n Save (Kroger), and Surrounded by National Retailers.
- Offered Well Below Replacement Cost at $45 per Square Foot with Replaceable Rents
Investment Overview
Marcus & Millichap is pleased to present Fox River Plaza in Burlington, WI. This center has enjoyed high historical occupancy thanks to its long-term anchors and its position in Burlington’s primary retail corridor. The Seller recently installed new roofs over the entire center and several new HVAC units.
Exclusively Listed By
Financing By